Which of the following statements is /are incorrect in explaining the difference between
M1,M2
, and
M3
a) M3 consists of M2 plus a longterm deposit and is more of a comprehenshe mesure that includes funds held as a unit of actount. b) M1 comists of cash in circulation cutside the monetary sector plus demand depasit |M2 consists of M1 plus short-iem deposit and rnedium term deposit. d) M2 consists of M1 plus quas monsy. a. a and d b.
b
a. b and d d. a. c and d e. a

Question

Which of the following statements is /are incorrect in explaining the difference between

M1,M2

, and

M3

a) M3 consists of M2 plus a longterm deposit and is more of a comprehenshe mesure that includes funds held as a unit of actount. b) M1 comists of cash in circulation cutside the monetary sector plus demand depasit |M2 consists of M1 plus short-iem deposit and rnedium term deposit. d) M2 consists of M1 plus quas monsy. a. a and d b.

b

a. b and d d. a. c and d e. a

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